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Vivian Tu's IPO warning lands as SpaceX buyers split by $1,851
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Vivian Tu's IPO warning lands as SpaceX buyers split by $1,851
The price you pay for a stock shapes your return more than almost any other decision you make about it. With a brand-new stock, you rarely get to choose that price. In an initial public offering (IPO), the underwriting banks set the offer price the night before trading opens. Most of those shares…
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